Last updated: 2024 BLS data · Page refreshed:
New Richmond has a population of 10,539 with a median age of 38.0. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 10,539 |
| Median Age | 38.0 |
| White | 88.4% |
| Black or African American | 1.5% |
| Asian | 0.1% |
| Hispanic or Latino | 2.5% |
| Other / Two or More Races | 7.5% |
The median household income in New Richmond is $88,157, which is 9.4% above the national median of $80,610. The per capita income is $41,153. The poverty rate is 10.5%.
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In New Richmond, 97.0% of residents age 25+ have a high school diploma or higher, and 34.2% hold a bachelor's degree or higher (10.8% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 97.0% |
| Bachelor's Degree or Higher | 34.2% |
| Graduate or Professional Degree | 10.8% |
The median home value in New Richmond is $285,100, below the national median of $303,400. The median monthly rent is $1,168. The homeownership rate is 62.1%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $285,100 |
| Median Monthly Rent | $1,168 |
| Homeownership Rate | 62.1% |
| Vacancy Rate | 3.2% |
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